earnings
confidence high
sentiment positive
materiality 0.75
RLI Corp Q2 net earnings $1.82/share vs $1.34 YoY; special dividend $2.00, buyback authorized $250M
RLI CORP
- Net earnings $168.0M ($1.82/diluted share) vs $124.3M ($1.34) in Q2 2025; operating earnings $0.83/share.
- Underwriting income $59.9M, combined ratio 85.6; favorable reserve development added $35.1M.
- Net investment income up 17% to $46.0M; gross premiums written up 3%.
- Book value per share $19.09, up 11% from year-end 2025 including dividends and buybacks.
- Paid special dividend $2.00/share and regular dividend $0.18/share (12.5% increase); $250M buyback authorized, $12M repurchased in Q2.